AUTOGrip Machinery's new factory in Yunlin Science and Technology Industrial Park was completed and put into production in March 2023, focusing on automated production of hollow power chucks and rotary cylinders, expected to increase total capacity by 35%.
Dilo Group announced a cooperation deal with Italian companies Dell’Orco & Villani and TechnoPlants to supply complete systems for the textile recycling sector, with Dilo as turnkey provider.
PALFINGER AG is investing EUR 35.5 million in a new component plant in Niš, Serbia, creating 375 jobs. Production is set to start in 2024, with full completion by 2027.
Union Tool announced construction of a third factory building at its Mitsuke plant in Niigata, Japan, to increase production capacity of carbide end mills by 2.5 times. Investment is ¥2.6 billion, with construction from June 2023 to May 2024.
Venator Group has acquired the business, plants in Cuxhaven and Hemmoor, and all 57 employees of Giesserei Schmidt GmbH & Co. KG, an iron and aluminum foundry that had been in insolvency since January 2023. The acquisition was effective May 1, 2023.
Kelly Tillage, an Australian agricultural machinery manufacturer, will build a new assembly facility in Rogersville, Missouri, investing $2 million and creating 22 new jobs. This will be its first assembly facility outside Australia.
Dellner Polymer Solutions, part of Sweden's Dellner Group, acquired Ferrabyrne Autocomp Suspension Technologies (FAST), a tier 1 parts and assemblies manufacturer based in Pune, India. The acquisition aims to expand engineering capabilities and market presence in India.
Capital Tool Industries, an Indian gear-cutting tool manufacturer, acquired Mico Tools (Mishalle NV) in Belgium, a manufacturer of power skiving cutters, gear shaper cutters, and chamfering tools. The acquisition expands CTI's product line and European footprint.
RMB Ventures acquired a 45% stake in Mafika Engineering, Africa's largest independent rebuilder of high horsepower diesel engines for the mining industry. The investment is one of RMB Ventures' largest private equity investments to date.
ELGI Sauer Compressors Ltd, a joint venture between Elgi Equipments and Sauer Compressors Group, opened a new 50,000 sq. ft. manufacturing facility in Kallappalayam, Coimbatore, Tamil Nadu, with an investment of approximately INR 400 million. The facility will manufacture high-pressure compressors and house an Engineering Support Centre.
ELGI Sauer Compressors Ltd, a joint venture of Elgi Equipments and Germany's Sauer Compressors Group, opened a 50,000 sq ft plant in Kallappalayam, Coimbatore, with an investment of ₹40 crore. It will make high-pressure compressors, pressure-reducing stations and portable breathing air compressors.
Kinshofer GmbH acquired a majority stake in German company HGT Hydraulikgreifer-Technologie GmbH, as announced on October 12, 2023.
Kinshofer GmbH acquired a majority stake in Dutch company GMT Equipment B.V., as announced on September 24, 2024.
Kinshofer Group from Germany acquired a majority stake in Italian company Boscaro S.r.l., as announced on May 8, 2026.
GazEnergoKomplekt is building an oil, gas and energy equipment plant in Glinishchevo, Bryansk district, Russia, with an investment of 2.1 billion rubles. The plant is expected to employ 600 people by 2025 and will make tanks, pressure regulators and shut-off valves.
Chart Industries announced a $74 million expansion with a second site in Theodore, Alabama, creating 59 new jobs for increased production of cryogenic containers.
F. Zimmermann GmbH has taken over 100% of EiMa Maschinenbau GmbH, a milling machine builder, with retroactive effect from January 1, 2023. EiMa has a sales volume of about EUR 10 million and 60 employees.
German company SCHUNK began construction of a new plant in the Querétaro Innovation Technological Park, Mexico, with an investment of over 150 million pesos. The facility will include a three-level building and industrial warehouse on a 10,000-square-meter site for manufacturing tool holders, clamping systems, and automation equipment.
Hitachi Construction Machinery (Europe) NV announced the rebranding of its recently acquired French dealer Cobemat SAS as Hitachi Construction Machinery France, effective April 1, 2023. The acquisition included subsidiaries Cobeloc (renamed HCM Rent France) and MTS.
CERTINA GROUP signed an agreement on 11 May 2023 to acquire Feintool Technologie AG and its subsidiaries in the USA and China from Feintool International Holding AG. Feintool will retain a 15% minority stake and collaborate on hydrogen technologies.
Kyocera Unimerco Tooling, a subsidiary of Kyocera, signed an agreement to acquire 100% of German cutting tool manufacturers BFT Hartmetall Werkzeuge and GSB GmbH. The acquisition expands Kyocera's capabilities in oscillation machining.
GEA will invest around EUR 50 million to modernize its centrifuge production facilities in Oelde and Niederahr, Germany, by the end of 2024. The investment focuses on sustainability, digitalization, and automation.
Lafert, a Sumitomo Heavy Industries company, has officially opened a new production plant in San Donà di Piave, Italy, for IE5 Super Premium Efficiency motors. The plant, built with an investment of approximately EUR 18 million, covers 12,000 square meters and can produce up to 1,400 pieces per day.
Dicker Precision Components Ltd, a subcontract manufacturer, took delivery of a Dugard 1100 vertical machining centre from Dugard Machine Tools. The machine was delivered and running within two weeks.
Maquigeral announced a new tractor assembly plant in Itumbiara, Goiás, Brazil, with an initial investment of R$150 million, potentially reaching R$500 million. The plant is expected to open in 2024.
Van Oord, Caterpillar Inc., Pon Equipment and Pon Power signed a Memorandum of Understanding to collaborate on developing and operating zero exhaust-emission heavy-duty earthmoving equipment, including electric machines and mobile charging.
Maqui Geral announced a new tractor assembly plant in Itumbiara, Goiás, Brazil, with an initial investment of R$150 million, potentially reaching R$500 million. The plant is expected to open in 2024.
Bauer Compressors is expanding its Norfolk, Virginia location and will add 47 new jobs.
China Railway Engineering Equipment Group (CREG) launched the first green shield tunneling machine on May 9, 2023. The dual-mode machine, with a 9.16m diameter, will be used for railway tunnels in Sicily, Italy.
Omnia Technologies, an Investindustrial project, has finalized the acquisition of Progema Engineering S.r.l., Comas, Favotto, and Mar.Co. Progema specializes in plants for Parmigiano Reggiano and Grana Padano cheese processing; Comas makes liquid filling machines; Favotto manufactures tanks for beverages; Mar.Co operates in bottling.
Sinopec International Co. issued a public tender for a 2023 framework agreement covering domestic reciprocating compressor valves for Sinopec Shanghai Petrochemical, with a bid deadline of May 16, 2023. The item quantity listed is 100 units of reciprocating compressor parts. The notice is a first change to the original tender.
Amcor signed a definitive agreement to acquire privately held Moda Systems, a New Zealand manufacturer of automated vacuum protein packaging machines for meat, poultry and dairy. The deal adds equipment and services to Amcor's film portfolio. No value was disclosed.
Danfoss signed an agreement with the Haiyan county government in Zhejiang to begin building its second campus there. The local government funds the facility, which Danfoss leases and equips itself.
Barloworld has made significant investments in its wholly owned subsidiary Barloworld Zimbabwe, including new facilities and people, after terminating a 70-year Caterpillar distributorship partnership with Zimplow's Barzem unit. Barloworld Zimbabwe is now the sole distributor of Caterpillar equipment in Zimbabwe.
Sidel Group, a global leader in packaging machinery, announced the acquisition of Makro Labelling Srl, an Italian company specializing in modular labeling machines. Makro will maintain its autonomy, operational headquarters, management, and sales channels.
SEW's subsidiary, Sew Industrial Reducer (Foshan) Co., Ltd., won a land bid for a 240-acre site in Shunde to build its largest manufacturing base in South China. The project has a total rolling investment of over 10 billion yuan and is planned to start production in 2026.
ABB has completed its acquisition of the Siemens low-voltage NEMA motor business. Financial terms were not disclosed. The business employs about 600 people and generated revenues of about $63 million in 2021.
VIS Hydraulics finalized the acquisition of Milan-based GBC Srl, a specialist in overmolded electrical windings for the fluid power industry. The company has been renamed VIS Coils and will remain in Milan.
The Australian Department of Defence awarded a contract to GWB Machine Tools for the supply of pressbrake tooling, valued at $21,519.39. The contract was awarded on 4 May 2023.
Setco Sales Company, a subsidiary of Holden Industries, acquired the assets of GTI Spindle Technology. The combined entity will offer expanded spindle repair and analysis services to the machine tool industry.
CORREGE and THERMO ELECTRIC Inc. announced their merger through a management buyout, creating the COTEMP Sensing group, a temperature measurement solutions manufacturer with over 200 employees in France, UK, USA, and India.
Mellott entered into an agreement to acquire Southern Machinery Company, an aggregates industry service provider.
AGCO announced a capital improvement project to increase production capacities for Massey Ferguson and Fendt Momentum planters at its Kansas facilities in Beloit and Cawker City, starting Q2 2023 through Q1 2024.
Kawaguchi Machinery will open a new factory in the Central Taiwan Science Park in Erlin, Changhua County, in March 2023. The factory will feature a 7,300 square meter assembly area and a 4,750 square meter clean room assembly area.
Atlas Copco acquired C.P. Service SRL, a compressor distributor and service provider in Naples, southern Italy, with 13 employees and about EUR 6 million turnover in 2022. The purchase price was not disclosed, and the business joins Atlas Copco's Compressor Technique service division.
Manitowoc Tool and Machining (MTM) has purchased G&V Machine Company, a machining company based in Ixonia, Wisconsin. The acquisition adds over 210 CNC machines and brings total employees to over 400.
Stolle Machinery signed a partnership agreement with Sandon Global to exclusively sell Sandon's lightweight pneumatic plate and roll mounting systems for use with Stolle Concord and Rutherford Decorators.
Metsä Board inaugurated a new recovery boiler and turbine at its Husum pulp mill in Sweden on 3 May 2023, part of a €380 million investment that started up at the end of 2022, increasing bio-based energy production and electricity self-sufficiency to over 80%.
BDT Capital Partners has entered into a definitive agreement to acquire a significant stake in ProMach, a processing and packaging machinery solutions provider, alongside existing majority owner Leonard Green & Partners. Financial terms were not disclosed.
Valmet will deliver key technologies and automation systems for Henan Longyuan Paper's new PM7 testliner line at their mill in Henan province, China. The order also includes a quality control system for the rebuild of PM3. The value is undisclosed.